TLDR – What’s The Verdict On My Investing Club Program
If you’re the type of person who prefers clear-cut answers, here’s my honest opinion as to whether you should invest in the My Investing Club program.
Short answer: NO.
Now, I’m not saying no because you can’t make money with this program; you can. In fact, the program does have great templates, videos, and a community you can use as a support to help you trade.
But I’m not a huge fan of day trading, even if you can make some money. And here’s why:
Issue One: Larger-than-life hype: If there’s one marketing theme that has been pretty consistent with most day traders is the larger-than-life hype around the business.
It doesn’t matter whether it’s mainstream stock or Bitcoin; the one promise most programs like this one make is the promise of “millions of dollars by simply investing a few hours every day.”
Well, realistically, that isn’t the truth. It’s been estimated that 90% of day traders lose money. That’s such a huge percentage of people not making money despite sinking thousands of dollars every day to make money from these stocks.
Also, the 10% that actually do make returns, don’t make huge amounts. They’ll have to constantly make more trades to keep up with their larger-than-life lifestyle.
All it ends up creating is a horrible feast and famine cycle.
You’re better off buying a lottery ticket and hoping for the best, as you have a higher chance of winning that than with day trading.
Issue Two: High investment cost. You can’t day trade with my investing club if you don’t have at least $25,000 to spend.
So, if you are considering getting into the day trading space, you better be prepared to have at least $25,000. With this amount, you can at least make more than 3 trades a day.
Also, talking about the investment cost, there are lots of transaction costs; you’ll have to pay compared to traditional investing. Depending on the type of stocks you’re trading and the trading platform you’re using, you’ll have to pay a percentage commission every time you sell or buy stock.
For day traders, that’s going to cost you an arm and a leg compared to traditional investors.
Issue Three: It feels like a full-time job. Day trading, even with the best programs, can end up feeling like a full-time job.
In order to succeed with day trading you’ll have to constantly stare at your screen all day to watch for the best stocks. You’ll also have to perfectly time when those stocks pop up and when to sell them.
All you constantly be doing is staring at your screen eight hours or more every day and trying to bet other day traders at their own game. Thinking about that is already giving me anxiety… LOL.
If you truly want to trade, you’d better simply go the traditional way. At least that way, you can trade as a side hustle and still live a normal life without having to get anxious every time you see a pop-up message.
Issue Four: Your income isn’t certain. Day trading isn’t as profitable as what most gurus want to portray. While there may be stories of people who made money from day trading, those success stories don’t portray the reality of the industry.
A 90% fail speaks volumes about just how horrible making money from day trading can be.
Day trading is like gambling in a casino. Some days, luck smiles – a winning streak. But most days, it’s tough.
And since you can’t beat the house, your losses quickly pile up. So, even if you have some good days, you might end up losing more money overall.
Now, that’s no way to make money online if your true goal is to stop living paycheck to paycheck.
If you’re looking for a way to make money that doesn’t require:
- You to stare at the screen for eight hours or more
- You to make unnecessary gambles with your hard-earned money
- You constantly take loss after loss
A way to make money that would guarantee you at least $500-$2000 consistently every month.
That program is Digital Rental Method.
All you simply need with this program is a computer and internet connection, and you’re good to go.
The best part about the program is that you don’t need sales or SEO experience to make money with the strategies you’ll learn. Everything you need to know about how to make money with this program is taught inside the program.
Trust me, that’s much easier than being thrown in the deep end as a new trader with day trading.
If this sounds like something you’d be interested in, why not click here to get started?
But if you’re still interested in My Investing Club, keep reading!
Who Benefits From The My Investing Club Program?
If you’ve read my other Center For Work Life blogs like Loan Broker Network or Digital Doctor, you’d probably know by now my stand on investing.
I honestly think you can make money from investment, but like real estate, this is a long-term strategy. While day trading is a possibility, it might not give you the returns you desire.
This is why I’m a huge advocate of understanding your financial goals and needs before signing up for any online program. With that said, who is the My Investing Club program for, and who is it not for?
If you see yourself in the list below, this program might be for you.
- You’re an experienced trader with quick access to real-time market data and are looking to give day trading a try. You may probably think that your experience and knowledge will work well as a day trader.
- You love the technical analysis aspect of investment. You can use this skill to your advantage in day trading, as you can quickly tell when to buy and sell stocks to make a quick buck.
- Anyone with thousands of dollars stored away and is looking to use that to start day trading.
Who is this program not for?
- Anyone new to trading. The lack of experience, especially in the trading world, can make it difficult to make money from day trading.
- People looking for a program that isn’t overhyped and does indeed deliver the promises it makes about helping you make money online. I’ve dug up this Trust Pilot review of My Investing Club. According to this Trust Pilot reviewer, this program is over-hyped and contains lots of poor teaching.
- If you’re prone to impulsive behavior, day trading might encourage you to make impulsive decisions. The lack of discipline might make it difficult to achieve consistent results with day trading.
Area | Score | Description |
---|---|---|
Time investment | 2/5 | You’ll have to spend eight hours or more a day monitoring stocks |
Level of control | 1/5 | You have no level of control when it comes to day trading, as everything is subject to outside factors. |
Ease of implementation | 1/5 | It isn’t easy to implement day trading strategies, especially if you’re new to trading. |
Profit potential | 1/5 | Making profits with day trading isn’t certain. |
My Investing Club Program- The 1,000 FT View Of This Online Business Opportunity
In this section, I’ll break down everything you need to know about My Investing Club.
So, let’s start with the basics.
The Business Model
My Investing Club is a trading platform that’s run by three gurus, namely Alex Temiz, Bao Nguyen, and Tosh Bradley.
Being a trading platform, you can expect that they’ll offer professional day trading education to experienced and non-experienced day traders.
The courses and community this program provides are all geared toward helping make it big while live trading, which is something very few people can do.
While all these facts sound great on paper, there are a lot of things I don’t like about the day trading business model.
For one, despite passing itself off as something anything anyone can do, not everyone can do it. According to this Reddit thread, the My Investing Club runs through everything a newbie should know about day trading a little too fast.
While there are resources newbies can use to go through every aspect of day trading, they can be overwhelming at times.
My second issue is that day trading isn’t something you’re going to do for two or three hours only.
You’ll have to constantly be on your phone or on your computer screen looking at the charts every day.
Let’s not forget that you’ll also have to watch the news, participate in a chat room, and execute trades. It’s like you’re trading in one full-time job for another.
The only downside is you don’t have the security of a paycheck to back you up every time you make a trade.
Now that’s no way to make money online.
About The Gurus- Alex Temiz, Bao Nguyen, and Tosh Bradley
There’s not much known about the gurus Alex Temiz, Bao Nguyen, and Tosh Bradley
But one thing is certain they are both industry experts, and they do know a lot about day trading. Apparently, both gurus have built their millions from day trading.
Aside from providing mentorship in the My Investing Club community, they also have a YouTube channel where they talk about stocks and trading.
From what I’ve seen on their YouTube channel, they do have some great content a new trader can benefit from. You’ll find not only inspirational videos but also informational videos about trading and how to handle a trading account.
I also like that they talk about the losses they’ve experienced in the trading world. This helps provide the perfect balance of gain and loss for both inexperienced and experienced traders.
What’s The Cost of My Investing Club?
The price of this investing club is pretty hefty.
You’ll have to pay $3995 per year. That’s just the membership fee for My Investing Club.
There’s also an investing fee of $25,000. While this isn’t included in the sign-up price, you do still need money to trade with, and for that, you’ll have to dig deep into your pockets.
Also, don’t forget that there’s a possibility that you won’t make back your investment even after depositing over $ 25,000 into your trading account.
About | Description |
---|---|
Program | My Investing Club |
Price | $3995 per year |
Gurus | Alex Temiz, Bao Nguyen, and Tosh Bradley |
Experience | Yes, the gurus do have experience with day trading |
Does My Investing Club Have A Refund Policy?
No, this program doesn’t have a refund policy. So, you better be sure of the investment you want to make before actually investing.
How Is My Investing Club Different From Other Investing Programs?
People often assume that just because a program talks about investing, it has some similarities to other programs on the market.
Well, that’s not the case. In fact, My Investing Club does have some major differences compared to some of the programs I’ve reviewed.
These programs include:
Triple Sync Logic: The Triple Sync Logic program is a proprietary software. Unlike My Investing Club, Triple Sync Logic focuses on the technical analysis of investing. The MIC focuses on community and mentorship, which helps make it easier to navigate the day trading world.
Million Dollar Year: The Million Dollar Year program isn’t focused on trading but mainly on creating a financial and money-saving mindset. So, if you probably want to get out of debt but don’t know how this program is for you.
But if your main goal is to learn how to become a day trader, well, My Investing Club might be the better option for you.
Is My Investing Club Legit? My Personal Opinion Based on MyInvestingclub Reviews
It’s finally time to answer the one question you’ve probably had on your mind throughout this My Investing Club review: Is My Investing Club legit?
Yes, it’s legit. But is it worth your investment?
No.
But before I get to why I’m saying so, I’d like us to take a few steps back and look at the whole picture outside Myinvestingclub reviews. When you decide it’s time to invest in an online program, there are certain things you’d probably look at.
No one buys into the first program they see. You first assess it and determine if its something that meets your needs, and that’s no different with My Investing Club.
Since My Investing Club isn’t like any normal program I’ve reviewed before, but an investment club, what I’d look for would be slightly different. Some of the things I’d focus on include:
- The founders’ experience: How experienced are the club’s founders? Do they have notable assets and wealth from the investments they made over the years?
- The club’s cost: Is it expensive to join the investment club? Can you pay the entrance or program fee and still have enough to make investments?
- Your goals: What goals do you have when it comes to investing? Are you looking to do this for the long haul or simply looking to get rich immediately?
- The club’s values: What values and philosophy does the club have that fit in with your investment goal as a newbie or experienced trader?
- The community: Does the investing club have a great community?
Using the list stated above, let’s rate My Investing Club.
Let’s start with the positives.
Alex Temiz, Bao Nguyen, and Tosh Bradley are legit. They do have experience in investing, especially day trading, and they’ve made their millions this way.
It’s also great to note that the Investing Club does have a good and active community. This means that if you ever have a question about investing, you’ll certainly have your questions answered.
Now, let’s get to the reason why I don’t think you should invest in My Investing Club.
First, it’s always a risk investing and more so when it comes to day trading. Stats have shown almost 90% of day traders barely make back their investment.
While there is money to be made as some people have made it big and retired to a private beach somewhere, the path getting to the big leagues isn’t easy.
The fact that only 10% make it means the stakes of failing are much higher than becoming a successful day trader.
Second, it takes patience and time to make it with any type of investing. It doesn’t matter whether it’s day trading or long-term investing.
Most people have been known to make returns months or years later.
Trust me, losing money every month isn’t worth it, especially if your true goal is financial freedom. All you’re simply doing is tying yourself down with more debt.
I’d rather use my time building a business that will help me build a sustainable monthly income. That’s possible thanks to the Digital Rental Method.
With the Digital Rental Method, you can build an income of $500-$2,000 checks every single month. Best of all, with this program, you don’t have to:
- Gamble your money, hoping for a huge win with every trade you make
- Spend eight to ten hours every day staring at your computer screen
- Have a huge bank account amount to make investments every day.
You get to own digital rental assets that you can grow as big as you want during your spare time. And the cool part is that you can do all that in three months.
Picture this: You’re unwinding in the pool with a cool drink in your hand, all while your investments work hard to put extra income in your bank account. This isn’t just a dream.
I have friends who are running their digital rental businesses all while:
- Vacationing in Hawaii
- Camping in National Parks.
They get to focus on living first, while their income comes second.
You, too, can live this type of life by joining the Digital Rental Method program.
Remember, living should be your top priority, and you can only do so if you have the financial freedom you desire.
What’s Inside My Investing Club
So, what does $3995 per year get you with My Investing Club?
Unlike most programs I’ve reviewed, like Digital Doctor, My Investing Club does have a comprehensive library of items it provides to its subscribers.
Students get access to:
A Live Trading Chatroom
The My Investing Club live trading chatroom is hosted on Slack. Everything is broken down for the club members to understand. You also get access to a community of over 200 individuals, where you get help with any trade-related questions.
In addition to the trading room, members get access to a number of trading channels, including sheet stock picks, swing trading, and one for options and large caps.
You also get access to a new feed channel with real-time news headlines that will help you know which stocks to purchase and what to sell.
Video Library
Aside from a live trading chatroom, members of My Investing Club also get access to a video library of over 750+ Videos. The videos range from in-depth investing strategies to an introduction to investing.
All the videos have topic tags, which makes it easy for members to find what they need in the library. The only downside is that with over 750 + Videos, any new trader can quickly end up feeling too overwhelmed.
Daily Watch Lists
Since this is an investment club, you can expect to receive daily watch lists. With these lists, you can make the right investment choices. This is also a great asset as you get a regular flow of new setups you can consider for your investment.
Training Videos
Aside from the 750 + Videos, you also get access to training videos on trading. The training videos that are included in the program include:
- Trading Fish Academy
- My Investing Club Accelerator program
- Fundamental Trading Analysis series
- Trading basics
Q & A Session
Members of My Investing Club have access to weekly Saturday webinars where they can ask questions on everything to do with trading. You do, however, get webinars on other days to discuss trading basics, which is great for newbies.
Member Only Meetups
My Investing Club does hold regular scheduled meetups for its members. These meetups allow you to have in-person conversations with other traders.
One-On-One Mentorship
Aside from the trading community, video library, and webinars, the My Investing Club members have access to one-on-one mentorship with the group founders. Mentorship is done with an in-person call, as it helps the coaches understand where you are in terms of investing.
However, there’ve been numerous complaints about the mentorship program. According to this Trustpilot reviewer, they got blocked by one of the program’s founders for asking them a question directly.
Downloadable Resources
Members also get access to downloadable resources, including custom spreadsheets, PDF guides, TOS scripts, and checklists. Most of these resources are downloadable and are accompanied by detailed videos on how to get the most from them.
Other resources members get access to include a discount on brokers. The discount mainly applies to your broker account. You also get access to trader reviews and My Investing Club archives.
Conclusion- To Buy or Not To Buy?
As I’ve said throughout this My Investing Club review, I wouldn’t recommend you buy into this program.
Read Our In Depth Breakdown Of The Top 5 StocksOpp Courses For 2024
While My Investing Club does have some good trading resources and a community you can rely on, I do have an issue with how you’ll make money.
Trading isn’t for the faint-hearted. Ask some of the best stock market traders, like Warren Buffet, and they’ll tell you it isn’t something you jump into with a get-rich-quick attitude.
Investing in stocks is a game of chess; you need to know which pieces to sacrifice in order to get your checkmate in the end.
Sadly, only 10% of traders play the long game. This is why even with the best investment clubs, making money through trading won’t magically happen.
You need to read the board, learn the right strategies, and now make your moves. What My Investing Club is selling is a promise that most people like this reviewer aren’t able to see fulfilled.
So, if your main aim is to continue making guesses and gambling your money away, hoping for a huge break, well, you can go ahead.
I won’t stop you.
But if your true goal is to stop living paycheck-to-paycheck by creating a truly legitimate online business, why not check out my number #1 way to make money online?
What’s My Number #1 Way To Make Money Online in 2024?
I’ve personally tried all of the major online business models:
- I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify (pic below)
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: the Digital Rental Method.
Whether you’re a complete newbie or you’ve been around the block before but have never had that “big win” to propel you forward, the Digital Rental Method is for you.
Why?
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
With My Investing Club, you’ll have to spend eight or more hours staring at your screen, hoping to land the right trade.
2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macroeconomic trends.
The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you realistically have zero control over?
With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income in the markets, you would need to make twice as many winning trades or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.
But with the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other programs like My Investing Club which might make you money if you luck out.
You could keep researching and researching for the next few months (or a few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people who need it.
If this sounds like you, click here to see how it all works.